Global Ship Lease's Series B Preferred Shares Cross 9.5% Yield Mark

In trading on Tuesday, shares of Global Ship Lease, Inc.'s 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (GSL. RB) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.1875), with shares changing hands as low as $23.00 on the day.